Babcock & Wilcox Enterprises (BW) Set to Announce Quarterly Earnings on Tuesday

Babcock & Wilcox Enterprises (NYSE:BW) will be releasing its earnings data after the market closes on Tuesday, November 12th. Analysts expect Babcock & Wilcox Enterprises to post earnings of $0.02 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Babcock & Wilcox Enterprises (NYSE:BW) last announced its quarterly earnings data on Thursday, August 8th. The technology company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.19). The company had revenue of $233.60 million for the quarter, compared to the consensus estimate of $262.20 million. On average, analysts expect Babcock & Wilcox Enterprises to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Babcock & Wilcox Enterprises Price Performance

Shares of NYSE:BW traded up $0.04 during midday trading on Tuesday, hitting $2.26. The company had a trading volume of 258,099 shares, compared to its average volume of 1,415,894. Babcock & Wilcox Enterprises has a twelve month low of $0.75 and a twelve month high of $2.99. The stock has a market cap of $208.37 million, a price-to-earnings ratio of -1.06 and a beta of 1.73. The business’s 50-day simple moving average is $1.87 and its 200-day simple moving average is $1.53.

Analysts Set New Price Targets

Several brokerages have weighed in on BW. Craig Hallum increased their target price on shares of Babcock & Wilcox Enterprises from $1.50 to $2.00 and gave the stock a “hold” rating in a research note on Monday, July 8th. StockNews.com upgraded shares of Babcock & Wilcox Enterprises from a “sell” rating to a “hold” rating in a report on Thursday, August 15th.

Babcock & Wilcox Enterprises Company Profile

Babcock & Wilcox Enterprises, Inc, together with its subsidiaries, provides energy and emissions control solutions to industrial, electrical utility, municipal, and other customers worldwide. The company operates through three segments: Babcock & Wilcox Renewable; Babcock & Wilcox Environmental; and Babcock & Wilcox Thermal.